The President of Uruguay, Luis Lacalle Pou, referred to the Free Trade Agreement (FTA) with China. In an interview with the Argentine radio program Alguien tiene que decirlo (Radio Mitre), Lacalle stated that negotiations with Chinese authorities are progressing. However, the processes of the Asian country advance at a “slower” pace, the head of the South American Government said.
French President Emmanuel Macron once again warned during the weekend that the Mercosur-EU deal would not be ratified until every country involved in it abode by the same set of environmental rules. When restrictions are imposed on our producers, we must impose them on the food we import, he underlined.
US Coast Guard Cutter USCGC Stone arrived Sunday in Uruguay as part of her South Atlantic tour to reduce illicit maritime activity and conduct joint exercises with Uruguay's Navy. The vessel's deployment seeks to develop partnerships and increase US interoperability with South American nations to combat illegal, unreported, and unregulated fishing.
Brazilian President Luiz Inácio Lula Da Silva discussed Thursday the Mercosur agreement with European Union (EU) President Ursula von der Leyen in a telephone conversation during which both leaders also reviewed the South American country's fight against deforestation, it was reported.
Under Argentina's pro-tempore presidency, Mercosur will try to clinch a Free Trade Agreement (FTA) with Singapore, according to Palacio San Martín (Foreign Ministry) sources quoted by BAE Negocios. The Alberto Fernández administration is particularly eager to show results, the report also said.
Argentina and Brazil are looking at ways to stimulate bilateral trade and investments but not eliminate their own currencies, according to Brazilian Finance Minister Fernando Haddad, who played down the idea of a single shared currency between the two Mercosur partners.
Brazil's protein producer giant Minerva Foods issued a note to the market communicating the purchase of state-of-the-art Breeders and Packers Uruguay (BPU Meat) abattoir and processing plant for USD 40 million. The conclusion of the deal is still pending approval by the Uruguayan authorities.
Uruguay processed a total of 7,209 resident visas for Argentine nationals in 2022, a drop of nearly 42% from the previous year, it was reported in Montevideo on Monday.
Brazilian President Luiz Inácio Lula Da Silva said Wednesday in Montevideo that he agreed to open up Mercosur and pursue a free trade agreement (FTA) with China.
Brazil's Foreign Minister Mauro Vieira told Folha de Sao Paulo that a possible free trade agreement between Uruguay and China would endanger the future of the South American Common Market (Mercosur). In Vieira's view, such a move would contradict the bloc's integration policies.